Globalworth Posts 135% Operating Revenue Growth in 1H, to EUR51M
09.19.2018
Globalworth Real Estate Investments, the largest office building owner in Romania and the main investor on the office market in Central and Eastern Europe, had operating revenues of EUR51.7 million in the first half of the year, up 135%.
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TeraPlast Group Turnover Doubles in 1H/2018, to RON338M 07.31.2018
TeraPlast Group, one of the main players in the construction industry, said Tuesday its turnover doubled in the first half of the year to RON338... more
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NYX Professional Makeup To Open Its First Store In W Romania, Reaches Five Units Locally 07.30.2018
U.S. cosmetics brand NYX Professional Makeup will be opening its first store in western Romania, in the city of Timisoara, this fall, reaching five... more
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Orbis Hotel Group to Open First Ibis Hotel in Timisoara in 2020 07.30.2018
Orbis Hotel Group, the largest hotel operator in Eastern Europe and a strategic partner of AccorHotels, is expanding its Romanian network and will... more
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Inditex Opens Zara Home and Oysho Stores in Timisoara, Western Romania 07.26.2018
Spanish group Inditex will open the first Zara Home and Oysho stores in Timisoara, western Romania, in the Openville project, and the group's five... more
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Dedeman Gets Antitrust Clearance to Buy Cemacon 07.23.2018
The takeover of brick manufacturer Cemacon and its real estate division Cemacon Real Estate SRL by Dedeman and PIF Industrial, companies that are... more
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Ploiesti Shopping City Invests EUR1M in Food Court Remodel 07.23.2018
Ploiesti Shopping City, developed by Carrefour Property Romania and NEPI Rockcastle, will invest EUR1 million to remodel its food court area, which... more
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Colliers: Real Estate Investments Up 18% To Over EUR400M In 1H/2018, Most Of Which In Bucharest 07.18.2018
The volume of real estate investments increased 18% year-on-year in the first half of 2018, to nearly EUR400 million, with the bulk of projects... more
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CBRE: Outsourced Project Management Services Market Seen Growing Over 20% 07.18.2018
The development of the local real estate market and demand from companies renting offices have fueled the project management services market and... more
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DB Schenker Relocates Timisoara Offices 07.17.2018
DB Schenker, the logistics division of German giant Deutsche Bahn, has relocate dits office sin Timisoara, western Romania, to the AGN Business... more
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Immofinanz Rents Out Over 15,000 Sqm Of Office Space In Capital Bucharest In 1H/2018 07.16.2018
Austrian-held real estate developer Immofinanz, one of the largest office building owners in Bucharest, rented out over 15,000 square meters in the... more
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CTP Seeks to Expand CTPark Bucharest West to 1 Million Sqm 07.13.2018
CTP, the largest developer of logistical and industrial spaces in Romania, plans to expand CTPark Bucharest West up to 1 million square meters,... more
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Private Investors Delivered Almost 52,000 New Homes In 2017 07.12.2018
The number homes completed in Romania in 2017 was again higher in cities than in rural areas, a trend that started in 2014. Whereas the number of... more
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Opus Land Reaches EUR300M Investments In Cosmopolis Residential Project 07.11.2018
Turkish-owned real estate developer Opus Land has invested over EUR300 million in Cosmopolis residential compound in northern Bucharest, which was... more
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Entrepreneur Ovidiu Sandor Opens First Phase Of ISHO Offices Building In Timisoara 07.11.2018
Mulberry Development, which is developing the ISHO project, has opened the first phase of ISHO Offices building, which is completely operational. more
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C&W: Co-Working Space Operators Place 3rd In Ranking Of Largest New Tenants In Bucharest 07.11.2018
Co-working space operators leased office space of nearly 20,000 square meters in the first half of 2018, within existing buildings or buildings... more
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Forte Partners Buys Plot For Third Phase Of The Bridge Office Complex 07.11.2018
Forte Partners, the developer of the office space project The Bridge in the Orhideelor area in Bucharest, has bought a 5,400 square meter plot of... more
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Eurostat: House Prices In Romania Up 6.6% In 1Q/2018, Little Above EU Average Of 4.7% 07.10.2018
House prices in Romania rose by 6.6% year-on-year in the first quarter of 2018, a little above the European Union average of 4.7%, considering that... more
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Top Ten Real Estate Consultants Saw Almost RON220M Revenue In 2017 07.10.2018
The ten largest real estate consultants in Romania, which broker the biggest office space and buildings, land, shopping centers, industrial... more
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Israeli Group Villar Invests EUR11M In Residential Project In Herastrau Park Area 07.09.2018
Israeli group Villar, the real estate developer which had built Vitan Business Center and Dorobanti Office Building, invests EUR11 million in a... more
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Atrium Completes Militari Shopping Center Sale to MAS Real Estate, Exits Romania 07.06.2018
JLL has advised Atrium European Real Estate Ltd. (Atrium) on the sale of Militari Shopping Center in Bucharest, Romania, to MAS Real Estate, for... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
